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Future Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

SOYBEAN OIL Mar 2022 (CBOT:ZL.H22)

Long-Term Uptrend (+90) - ZL.H22 is in a strong uptrend that is likely to continue. While ZL.H22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZL.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.H22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZL.H22
Open High Low ZL.H22 Price Change
64.39 66.34 64.15 65.27 +1.05
Entry Signal

MarketClub’s Trade Triangles for ZL.H22

long term up The long-term trend has been UP since Jan 21st, 2022 at 63.25

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2022 at 57.23

short term up The short-term trend has been UP since Jan 18th, 2022 at 58.89

Smart Scan Analysis for ZL.H22

Based on our trend formula, ZL.H22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZL.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.39 66.34 64.15 65.27 +1.05
Prev. Close Volume Bid Ask Time
65.29 55977 2022-01-28 14:19:31
Expiration2022-03-14Open Time20:00
Close Time14:20
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